European industrialists: no to unsustainable wage increases

Germany, a train derails in Bavaria: at least three dead and 60 injured (ANSA)

striali euroeo (ANSA) – ROME, 03 JUN – “Rather than unsustainable wage increases that create a harmful spiral in wage prices, the answer to strengthening people’s purchasing power must be to implement a proactive growth agenda that supports the competitiveness of European companies “, warns BusinessEurope, which represents 40 leading federations of companies and employers in 35 European countries:” Governments must address the shortage of labor and skills that undermine recovery and pursue policies that increase productivity and innovation because this is the basis for building real prosperity and creating jobs “. The board of presidents of the association, which Prague has elected Swedish Fredrik Persson as president from 1 July for the next two years, has also taken a clear stance on Ukraine and sanctions. “We presidents of BusinessEurope and its national federations – reads the final declaration – strongly condemn the invasion of Ukraine by Russia. We firmly believe that the EU must defend international law and do its best to support the Ukraine and its people. Since the first day of the aggression we have supported sanctions. European companies are taking the necessary measures to adapt to them, despite the significant economic implications “(ANSA).

Source: Ansa

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